Beijing, May 28, 2021

AIIB Commits USD50M at the Initial Closing of the SUSI Asia Energy Transition Fund

Mobilizing private capital for the emerging market sustainable energy sector

The Asian Infrastructure Investment Bank (AIIB) is commiting USD50 million to the SUSI Asia Energy Transition Fund, contributing to its first closing held this week. The fund targets sustainable energy infrastructure investments across the energy transition spectrum, from renewable energy generation to energy efficient measures, as well as those that enable clean energy solutions, such as energy storage and microgrids. AIIB’s commitment to the fund will help SUSI continue to bridge the funding gap in sustainable energy infrastructure and crowds in more private capital to emerging market economies.

The fund has also raised commitments from several other development finance institutions as well as private institutional investors, with a total contribution of USD81 million. In 2019, AIIB’s Board of Directors approved a commitment of up to USD50 million to the fund and a co-investment sleeve of up to USD50 million for co-investing with the fund, making it the Bank’s first private equity fund contributions dedicated to the energy sector.

While CO2 emissions in many developed countries have been stagnating or even decreasing, Southeast Asia has been recording increased emission levels. This trend is expected to continue for the foreseeable future as the region is characterized by strong GDP growth and favorable population dynamics that are driving up energy demand. Accordingly, directing capital towards a sustainable energy system has become more urgent.

“Our participation in this fund demonstrates our firm dedication to investing in sustainable energy projects that will increase access to clean, safe and reliable electricity for millions of people in Asia,” said AIIB Director General (Banking) Dongik Lee. “By providing capital in emerging markets where it is scarce, private equity has a critical role to play in development. As an investor in funds like this one, we can build diversification across our portfolio and participate in creating an enabling environment to crowd-in more private capital for sustainable energy projects.”

The fund opens the door to renewable energy and energy efficiency projects in emerging Asia to make it easier for them to secure financing to help get their projects off the ground. The focus of the fund is well-aligned with the guiding principles stipulated by AIIB’s Energy Sector Strategy, including promoting energy access and security, realizing energy efficiency potential, reducing carbon intensity of energy supply, and catalyzing private capital. It will also contribute to AIIB’s climate target of 50 percent of approved financing to be directed to climate finance by 2025.

Additional information about the SUSI Asia Energy Transition Fund can be found here.


About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 103 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.


About SUSI Partners

SUSI Partners is a Swiss infrastructure fund manager specialized in sustainable energy infrastructure investments. The firm currently manages EUR 1.6 billion in investor commitments across six institutional funds focused on opportunities across the energy transition spectrum, including clean energy generation, energy efficiency measures, and energy storage and integrated solutions. With a successful track record of more than 100 transactions in 20 countries to date, SUSI Partners seeks to achieve attractive risk-adjusted returns for its clients and their beneficiaries while contributing meaningfully to achieving global carbon neutrality.

Logos for Download

AIIB logo is available in JPEG and PDF format.


Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

More News Articles

Beijing, September 28, 2023

AIIB Signs Agreements for Cambodia: Cross-border Livestock Health and Value-chain Infrastructure Improvement Project

The Asian Infrastructure Investment Bank (AIIB) and the Kingdom of Cambodia signed a USD33 million sovereign loan and a USD10 million grant from the Pandemic Prevention, Preparedness and Response Intermediary Fund (Pandemic Fund) on Sep. 26, 2023 to support Cambodia's cross-border livestock health and value-chain infrastructure improvement. The financing will strengthen animal and human health safety by improving production and hygiene through the One Health approach, which recognizes the interrelation among the health of people, animals, and their shared environment.


Sharm El Sheikh, Egypt, September 28, 2023

The Kingdom of Saudi Arabia Contributes USD10 million to AIIB’s Special Fund Window for Less Developed Members

Asian Infrastructure Investment Bank (AIIB) Vice President Sir Danny Alexander and CEO of Saudi Fund for Development (SFD) Sultan Abdulrahman Al-Marshad signed an agreement for the Kingdom of Saudi Arabia to contribute USD10 million to AIIB’s Special Fund Window for Less Developed Members (SFW) on September 26, 2023.


Sharm El Sheikh, September 27, 2023

AIIB Partners With PT PLN, PT SMI for Indonesia Energy Transition

The Asian Infrastructure Investment Bank (AIIB) is collaborating with PT Perusahaan Listrik Negara (PT PLN) and PT Sarana Multi Infrastruktur (PT SMI) to implement Indonesia’s Nationally Determined Contributions (NDC) milestones under the Paris Agreement.


Sharm El Sheikh, Egypt, September 27, 2023

Uzbekistan to Host 2024 AIIB Annual Meeting, Handover Held in Egypt

The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) announced that its ninth Annual Meeting will be held in Samarkand, Uzbekistan in September 2024.